1. Forget the news, remember the chart.
2. Buy the first pullback from a new high. Sell the first pullback from a new low.
3. Buy at support; sell at resistance.
4. Short rallies, not sell-offs.
5. Don't buy up into a major moving average, or sell down into one. (see #3)
6. Don't chase momentum if you can't find the exit.
7. Exhaustion gaps get filled. Breakaway and continuation gaps don't.
8. Trends test the point of last support or resistance.
9. Trade with the tick, not against it.
10. If you have to look, it isn't there.
11. Sell the second high, buy the second low.
12. The trend is your friend in the last hour.
13. Avoid the open; they see you coming, sucker.
14. 1 - 2 - 3 - Drop - Up. Look for downtrends to reverse after a top, two lower highs, and a double bottom.
15. Bulls live above the 200 day MA, bears live below.
16. Price has memory.
17. Big volume kills moves.
18. Trends never turn on a dime. The first dip always finds buyers, and the first sharp rise always finds sellers.
19. Bottoms take longer to form than tops.
20. Beat the crowd in and out the door.
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